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IN RE INVESTORS FUNDING CORP. OF N.Y.

Nos. MDL Docket No. 290(WCC), 76 Civ. 4679(WCC).

36 B.R. 1019 (1983)

In re INVESTORS FUNDING CORPORATION OF NEW YORK SECURITIES LITIGATION. James BLOOR, as Trustee Pursuant to Chapter X of Title 11 of the United States Code of the Estates of Investors Funding Corporation of New York, etc., Plaintiff, v. Jerome DANSKER, et al., Defendants.

United States District Court, S.D. New York.

December 21, 1983.

Attorney(s) appearing for the Case

Anderson, Russell, Kill & Olick, P.C., New York City, for plaintiff; Richard W. Collins, Nicholas J. Zoogman, New York City, of counsel.

Curtis, Mallet-Prevost, Colt & Mosle, New York City, for defendant Morris Karp; Peter Fleming, Jr., Mark H. O'Donoghue, Bradley E. Tyler, New York City, of counsel.

Shea & Gould, New York City, for defendant Hyman R. Shapiro; Martin I. Shelton, John G. Nicolich, New York City, of counsel.

Rubin, Baum, Levin, Constant & Friedman, New York City, for defendants Estate of Charles A. Berns, H. Jerome Berns, Eli Bloom, Harry Epstein, Ulu Grosbard, Herbert Jaffe, Stephen Katz, Jack Klatell, H. Peter Kreindler, Estate of I. Robert Kreindler, Estate of Maxwell A. Kreindler, Barbara Londin, Connie E. Naitove, Reginald Rose, Walter Meid, David Shaw, Stephen Solomon, Sheldon J. Tannen, Philip Tonken, Estate of Jess Ward and Dale Wasserman; Max Wild, New York City, of counsel.

Spengler, Carlson, Gubar, Brodsky & Frischling, New York City, for defendants Carro, Spanbock, Londin, Rodman & Fass, Melvin J. Carro, Maurice S. Spanbock, and Jerome J. Londin; Edward Brodsky, Debra L. Brown, New York City, of counsel.

OPINION AND ORDER

CONNER, District Judge.

Plaintiff James Bloor (the "Trustee"), Chapter X Trustee for Investors Funding Corporation of New York ("IFC"), commenced this action in October 1976, alleging fraud in connection with the insolvency of IFC. The case is currently before the Court on the Trustee's motion, pursuant to Rule 3(j) of the Civil Rules of the United States District Courts for the Southern and Eastern Districts of New York, for reargument...

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